Understanding the terms in a disability income (DI) policy is imperative to the DI sales process, yet, it can feel like you are learning a new language. A clear understanding of these terms insures you do not misinterpret or overlook important aspects of DI coverage for your clients.
Turn business owner trends into IDI opportunities Knowing what business owners value can help you meet their protection needs. Use the 2019 business owner survey to give you — and your clients — an inside look at how they feel about protecting their business, employees and income with individual disability insurance (IDI). Trend: Business
It’s the American dream—to start your own small business. For millions of entrepreneurs, bank loans are the only way to get financing to make their dream of opening or expanding their business come true. In 2015, bank loans for small businesses reached nearly $600 billion. While business owners may be aware of the need to protect their
Make 2019 a great disability income (DI) sales year, and watch your revenue stream grow for years. 1st year commissions= 50% Premiun 2-10 year commissions= 5-10% Tips and Tools to Get Started Here’s some tips and tools to get you started: Review your current client list. Ask your current clients for referrals. Referrals are proven to get
Clarifying the different definitions of disability is critical when brokers discuss disability income policies with perspective clients. The definition of disability in a disability insurance policy determines under what circumstances a claim will be paid. Don’t jeopardize your client relationships by recommending a disability income policy with an inadequate definition for their occupation. “True” Own Occupation Definition The “true”